Will Bitcoin continue to fall after breaking below 100,000? There are various possibilities:
Market sentiment and trends
From the perspective of market sentiment, Bitcoin's price falling below 100,000 may trigger panic among some investors, leading to further selling and prompting the price to continue to decline. From a trend perspective, if the long-term upward trend line is effectively broken, it may technically confirm a downward trend, increasing the likelihood of continued decline.
Macroeconomics and policy
If the global economic situation remains unstable, the risk appetite of investors will decrease, putting pressure on the prices of risk assets such as Bitcoin. On the policy side, the uncertainty of regulatory policies in various countries still exists, such as strengthening regulatory measures or implementing restrictions, which will lead to increased volatility in the Bitcoin market and subsequently affect its price direction.
Institutional investor attitude
The participation and attitude of institutional investors have a significant impact on Bitcoin's price. If institutions reduce investments or withdraw due to market fluctuations, regulation, and other factors, it will exert considerable downward pressure on the price. However, according to Jeff Kendrick, the global head of digital asset research at Standard Chartered Bank, institutional inflows are expected to remain stable by 2025.
